OUTLOOK
Structured Finance - China
2021 Outlook - Economic recovery will support asset quality and performance

We forecast China's GDP to recover gradually and ultimately grow by 7% in 2021, after slowing to 2.2% growth in 2020. This recovert, along with good asset quality and low interest rates, will help keep loan delinquencies and defaults low in Chinese auto ABS and RMBS.
INTERACTIVE GRAPHIC
China's GDP
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